Porinju Veliyath & Dolly Khanna Forum

The new pick by Dolly Khanna has already moved considerably. Does it have steam left in it? Would it be advisable to invest at current levels or stay away from the stock untill significant correction?

valuepicker wrote:The new pick by Dolly Khanna has already moved considerably. Does it have steam left in it? Would it be advisable to invest at current levels or stay away from the stock untill significant correction?

Visaka Industries still has a market cap of Rs. 800 crore which is not much in the context of our Country. However, it is better to give it a breather because of the huge move that it has made (200% in just one year). Better to let it consolidate for a few weeks or even a month or two and then we can see.